GrainCorp Limited's (ASX:GNC) Intrinsic Value Is Potentially 45% Above Its Share Price
Does the November share price for GrainCorp Limited ( ASX:GNC ) reflect what it's really worth? Today, we will estimate...
Has the Australian Food and Staples Retail Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||AU$90.8b||AU$126.0b||AU$3.4b||23.9x|
|Tue, 26 Oct 2021||AU$90.8b||AU$124.8b||AU$3.2b||27.4x|
|Thu, 23 Sep 2021||AU$89.5b||AU$124.8b||AU$3.2b||27.1x|
|Sat, 21 Aug 2021||AU$96.5b||AU$124.8b||AU$3.2b||28.9x|
|Sat, 05 Jun 2021||AU$79.6b||AU$113.8b||AU$2.6b||30.4x|
|Tue, 09 Mar 2021||AU$74.7b||AU$124.4b||AU$2.7b||27.4x|
|Mon, 30 Nov 2020||AU$74.5b||AU$121.4b||AU$2.6b||26x|
|Thu, 03 Sep 2020||AU$77.8b||AU$107.9b||AU$1.9b||36.6x|
|Sun, 07 Jun 2020||AU$68.8b||AU$111.6b||AU$2.2b||28.3x|
|Sat, 29 Feb 2020||AU$71.8b||AU$115.6b||AU$2.5b||24.5x|
|Tue, 03 Dec 2019||AU$76.1b||AU$115.1b||AU$2.4b||26.4x|
|Fri, 06 Sep 2019||AU$70.2b||AU$115.0b||AU$2.5b||31.7x|
|Mon, 10 Jun 2019||AU$60.4b||AU$114.5b||AU$2.7b||17.1x|
|Sun, 03 Mar 2019||AU$57.3b||AU$113.8b||AU$2.5b||61.8x|
|Wed, 05 Dec 2018||AU$57.8b||AU$113.4b||AU$2.5b||23.6x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 29.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Consumer Retailing industry have grown 11% per year over the last three years, and revenues for these companies have grown 3.6% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Australian Food and Staples Retail industry?
|Big Box Super Stores||0%|
Industry PE: Investors are most optimistic about the Food Retail industry even though it's trading below its 3-year average PE ratio of 34.3x. However analysts are expecting annual earnings growth of 5.4%, which is lower than the prior year's growth of 72% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 65.9x.
Forecasted Growth: Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 5.4% over the next 5 years. Meanwhile, the Food Distributors industry is expected to see its earnings decline by 2.5% per year over the next few years.
Which companies have driven the market over the last 7 days?
|WOW Woolworths Group||0.2%+AU$108.6m||7.3%||PE31.6x|
Candy Club Holdings